Ridgewater College

www.ridgewater.edu

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    2024 Undergraduate Tuition
    $5,473
    2024 Average Net Price
    $9,448
    After Financial Aid
    2024 Enrolled Students
    3,148
    48.1% Full-Time
    2024 Graduation Rate
    50.2%
    246 Graduates

    About

    Ridgewater College is a higher education institution located in Kandiyohi County, MN. In 2024, the most popular Associates Degree concentrations at Ridgewater College were Liberal Arts & Sciences (199 degrees awarded), Registered Nursing (76 degrees), and Veterinary/Animal Health Technology/Technician And Veterinary Assistant (42 degrees).

    In 2024, 879 degrees were awarded across all undergraduate and graduate programs at Ridgewater College. 63.1% of these degrees were awarded to women, and 36.9% awarded men. The most common race/ethnicity group of degree recipients was white (713 degrees), 8.8 times more than then the next closest race/ethnicity group, hispanic or latino (81 degrees).

    The median undergraduate tuition at Ridgewater College is $5,473, which is $−2,687 less than the national average for Associates Colleges ($8,160).

    Associates Colleges: High Career & Technical-Mixed Traditional/NontraditionalAssociates Colleges

    Costs

    In 2024, the median undergraduate tuition at Ridgewater College is $5,473, which is $2,687 less than the national average for Associates Colleges ($8,160).

    After taking grants and loans into account, the average net price for students is $9,448.

    In 2024, 71% of undergraduate students attending Ridgewater College received financial aid through grants. Comparatively, 25% of undergraduate students received financial aid through loans.

    Tuition Costs

    $5,473
    2024 Undergraduate Tuition

    In 2024, the cost of tuition at Ridgewater College was $5,473. The cost of tuition at Ridgewater College is $−2,687 less than than the overall (public and private) national average for Associates Colleges ($8,160).

    This chart compares the tuition costs of Ridgewater College (in red) with those of other similar universities.

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    Average Net Price

    $9,448
    2024 Value
    9.88%
    1 Year Growth

    In 2024 Ridgewater College had an average net price — the price paid after factoring in grants and loans — of $9,448. Between 2023 and 2024, the average net price of Ridgewater College grew by 9.88%.

    This chart compares the average net price of Ridgewater College (in red) with that of other similar universities.

    Average net price is calculated from full-time beginning undergraduate students who were awarded a grant or scholarship from federal, state or local governments, or the institution.

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    Financial Aid by Income Level

    71%
    Undergraduates Receiving Financial Aid through Grants
    25%
    Undergraduates Receiving Financial Aid through Loans

    71% of undergraduate students at Ridgewater College received financial aid through grants or loans in 2024. This represents a growth of 4.41% with respect to 2023, when 68% of undergraduate students received financial aid.

    This chart compares the average award discount at Ridgewater College (in red) with that of other similar universities.

    The average award discount is the ratio between the average grant or scholarship value, and the cost, which is the sum of out-of-state tuition, room, board, book, supplies, and other expenses.

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    Enrollment

    Ridgewater College had a total enrollment of 3,148 students in 2024. The full-time enrollment at Ridgewater College is 1,515 students and the part-time enrollment is 1,633. This means that 48.1% of students enrolled at Ridgewater College are enrolled full-time.

    The enrolled student population at Ridgewater College, both undergraduate and graduate, is 75.4% White, 10.3% Hispanic or Latino, 4.42% Black or African American, 2.45% Two or More Races, 1.37% Asian, 0.381% American Indian or Alaska Native, and 0.127% Native Hawaiian or Other Pacific Islanders.

    Students enrolled at Ridgewater College in full-time Undergraduate programs are most commonly White Female (44.1%), followed by White Male (33.9%) and Hispanic or Latino Female (6.04%).

    Full-Time vs Part-Time Enrollment

    48.1%
    Full-Time Enrollment

    The total enrollment at Ridgewater College in 2024, both undergraduate and graduate, is 3,148 students. The full-time enrollment at Ridgewater College is 1,515 and the part-time enrollment is 1,633. This means that 48.1% of students enrolled at Ridgewater College are enrolled full-time compared with 31.9% at similar Associates Colleges.

    This chart shows the full-time vs part-time enrollment status at Ridgewater College (in red) compares to similar universities.

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    Retention Rate over Time

    70%
    2024 Retention Rate

    Retention rate measures the number of first-time students who began their studies the previous fall and returned to school the following fall. The retention rate for full-time undergraduates at Ridgewater College was 70%. Compared with the full-time retention rate at similar Associates Colleges (64%), Ridgewater College had a retention rate higher than its peers.

    This chart shows the retention rate over time at Ridgewater College (highlighted in red) compares to similar universities.

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    Enrollment by Race & Ethnicity

    Most Common Race or Ethnicity (2024)
    1. White
      2,375 enrolled students
    2. Hispanic or Latino
      323 enrolled students
    3. Black or African American
      139 enrolled students

    The enrolled student population at Ridgewater College is 75.4% White, 10.3% Hispanic or Latino, 4.42% Black or African American, 2.45% Two or More Races, 1.37% Asian, 0.381% American Indian or Alaska Native, and 0.127% Native Hawaiian or Other Pacific Islanders. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Associates Colleges is 41.3% White, 28.4% Hispanic or Latino, and 13.2% Black or African American.

    Any student who is studying in the United States on a temporary basis is categorized as a "Non-Resident Alien", and the share of those students are shown in the chart below. Additionally, 163 students (5.18%) did not report their race.

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    Graduates

    In 2024, 231 more women than men received degrees from Ridgewater College. The most common race/ethnicity group of degree recipients at Ridgewater College is white (713 degrees awarded). There were 8.8 times more white recipients than the next closest race/ethnicity group, hispanic or latino (81 degrees).

    The most common Associates Degree concentration at Ridgewater College is Liberal Arts & Sciences (199 degrees awarded), followed by Registered Nursing (76 degrees) and Veterinary/Animal Health Technology/Technician And Veterinary Assistant (42 degrees).

    In 2024,  the most specialized majors across all degree types at Ridgewater College, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Agriculture (104 degrees awarded), Construction (49 degrees), and Engineering Technologies (67 degrees).

    Common Jobs by Major

    Other managers
    Most Common Job

    The most common jobs for people who hold a degree in one of the 5 most specialized majors at Ridgewater College are Other managers (89,869 people), Elementary & middle school teachers (72,068 people), Construction managers (53,848 people), Software developers (44,081 people), and Chief executives & legislators (33,258 people).

    The most specialized majors at Ridgewater College in 2024 are Agriculture (104 degrees awarded), Construction (49 degrees), Engineering Technologies (67 degrees), Precision Production (48 degrees), and Liberal Arts & Humanities (203 degrees) (as of 2024).

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    Highest Paying Jobs by Major

    Surgeons
    Highest Paying Job

    The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Ridgewater College are Surgeons, Cardiovascular technologists and technicians, Correspondence clerks & order clerks, Actuaries, and Chief executives & legislators

    The most specialized majors at Ridgewater College are Agriculture (104 degrees awarded), Construction (49 degrees), Engineering Technologies (67 degrees), Precision Production (48 degrees), and Liberal Arts & Humanities (203 degrees) (as of 2024).

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    Common Industries by Major

    Elementary & secondary schools
    Most Common Industry

    The most common industries for people who hold a degree in one of the 5 most specialized majors at Ridgewater College are Elementary & secondary schools (154,196 people), Construction (137,192 people), Colleges, universities & professional schools, including junior colleges (75,325 people), Computer Systems Design (71,600 people), and General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (50,064 people).

    The most specialized majors at Ridgewater College are Agriculture (104 degrees awarded), Construction (49 degrees), Engineering Technologies (67 degrees), Precision Production (48 degrees), and Liberal Arts & Humanities (203 degrees) (as of 2024).

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    Majors Awarded

    IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Ridgewater College.
    Most Common (2024)
    1. Medical Assistant
      32 degrees awarded
    2. Welding Technology
      27 degrees awarded
    3. Licensed Practical & Vocational Nurse Training
      21 degrees awarded

    In 2024, the most common 1 to 2 year postsecondary certificate concentration at Ridgewater College was Medical Assistant with 32 degrees awarded.

    This visualization illustrates the percentage of degree-majors recipients from 1 to 2 year postsecondary certificate programs at Ridgewater College according to their major.

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    Sex Breakdown for Common Majors

    324
    Degrees Awarded to Men
    in 2024
    555
    Degrees Awarded to Women
    in 2024

    In 2024, 324 degrees were awarded to men at Ridgewater College, which is 0.584 times less than the number of degrees awarded to females (555).

    This chart displays the sex disparity between the top 5 majors at Ridgewater College by degrees awarded.

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    Most Common Male Majors

    In 2024, 59 degrees were awarded to men at Ridgewater College in Liberal Arts & Sciences, which is 0.41 times less than the 144 female recipients with that same degree.

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    Most Common Female Majors

    In 2024, 144 degrees were awarded to men at Ridgewater College in Liberal Arts & Sciences, which is 2.44 times more than the 59 male recipients with that same degree.

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    Time to Complete

    38%
    100% Completion Time
    45%
    150% Completion Time

    In 2024, 38% of students graduating from Ridgewater College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 45% completed their degrees within 150% of the normal time, and 48% within 200%.

    The following chart shows these completion rates over time compared to the average for the Associates Colleges Carnegie Classification group.

    Graduation rate is defined as the percentage of full-time, first-time students who received a degree or award within a specific percentage of "normal time" to completion for their program.

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    Race & Ethnicity by Share

    Most Common Student Race or Ethnicity (2024)
    1. White
      713 degrees awarded
    2. Hispanic or Latino
      81 degrees awarded
    3. Two or More Races
      24 degrees awarded

    The most common race/ethnicity at Ridgewater College is white (713 degrees awarded). There were 8.8 times more white recipients than the next closest race/ethnicity group, hispanic or latino (81 degrees).

    1.59% of degree recipients (14 students) did not report their race.

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    Race & Ethnicity by Sex

    Most Common Sex Demographic (2024)
    1. White Female
      680 degrees awarded
    2. White Female
      656 degrees awarded
    3. White Female
      628 degrees awarded

    The most common race/ethnicity and sex grouping at Ridgewater College is white female (680 degrees awarded). There were 1.04 times more white female recipients than the next closest race/ethnicity group, white female (656 degrees).

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    Operations

    Ridgewater College has an endowment valued at nearly $3.73M, as of the end of the 2024 fiscal year. The return on its endowment was of 790k (21.2%) compared to the 12.8% average return (818k on 6.41M) across all Associates Colleges.

    In 2024, Ridgewater College had a total salary expenditure of 43.2M. Ridgewater College employs 90 Instructors. Most academics at Ridgewater College are Male Instructor (46), and Female Instructor (44).

    The most common positions for non-instructional staff at Ridgewater College are: Business and Financial Operations, with 37 employees, Office and Administrative Support, with 19 employees, and Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 15 employees.

    Endowment

    $3.73M
    2024 Endowment
    3.06%
    growth from 2023

    Ridgewater College has an endowment valued at about $3.73M, as of the end of the 2024 fiscal year. The endowment of Ridgewater College grew 3.06% from the previous year. The value of their endowment was $2.68M lower than than the median endowment of Associates Colleges according to the Carnegie Classification grouping.

    This line chart shows how the endowment at Ridgewater College (in red) compares to that of some similar universities.

    The small bar chart below shows the endowment quintiles for all universities in the Associates Colleges: High Career & Technical-Mixed Traditional/Nontraditional Carnegie Classification grouping.

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    Salary Expenditure

    $20.4M
    2024 Salaries
    4.59%
    growth from 2023

    In 2024, Ridgewater College paid a median of $20.4M in salaries, which represents 47.2% of their overall expenditure ($43.2M) and a 4.59% growth from the previous year. This is compared to a 7.44% growth between 2022 and 2023, and a 2.28% decline between 2021 and 2022.

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    Instructional Salaries

    $7.6M
    Instructional Salaries
    90
    Number of Employees

    In 2024, Ridgewater College paid a total of $7.6M to 90 employees working as instructors, which represents 37.2% of all salaries paid.

    This is compared to a median of $720k (4.04%) for similar Associates Colleges.

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    Occupations by Share

    In 2024, the most common positions for non-instructional staff at Ridgewater College were Business and Financial Operations with 37 employees, Office and Administrative Support with 19 employees, and Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 15 employees.

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